JAKARTA - Through PT Mirae Asset Sekuritas Indonesia, PT Kharisma Andalas Putra purchased 255.65 million shares of real estate developer PT Perdana Gapura Prima Tbk (GPRA) on Thursday, August 29. With a 5.98% share portion, the purchase instantly made this investor the newest major shareholder in GPRA. However, GPRAs controller, PT Abadimukti Gunalestari, actually decreased...
JAKARTA - On Monday, September 2, foreign investors purchased up to 2.54 billion shares. Foreign sales volume then totaled 1.95 billion shares, resulting in a net foreign volume surplus of 586.51 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the highest number of shares purchased, with foreign investors purchasing 464.65 million...
JAKARTA - PT Bangun Kosambi Sukses (BKS), a subsidiary ofPT Pantai Indah Kapuk Dua Tbk (PANI), increases its portion in PT Cahaya Gemilang Indah Cemerlang (CGIC) to 55.89% from 51% of issued and paid-up capital. This portion increase is intended to prevent dilution of shares of BKS and PANI in CGIC. In the information disclosure...
Bank Rakyat Indonesia (Persero) Tbk (BBRI) has signed a Conditional Share Subscription Agreement (CSSA) with Amundi, an asset management company based in France. In said collaboration, Amundi will book new shares of PT BRI Manajemen Investasi (BRI MI), a subsidiary of BBRI engaged in the investment management business. “Then, Amundi will become a minority shareholder,...
JAKARTA -PT Bank Central Asia Tbk (BBCA) merges two of its subsidiaries, PT BCA Multi Finance (BMC) into PT BCA Finance, effective starting yesterday (1/9). Linda Chandrawati, Head of ESG of BBCA, confirmed that the merger of both subsidiaries had been approved by Financial Services Authority (OJK), BCA Finance’s shareholders, as well as BCA Multi...
JAKARTA -PT Barito Renewables Energy Tbk (BREN) once again seized the top spot at market capitalisation list, defeating 934 other issuers in the stock exchange as of August 2024. This company, owned by the tycoon Prajogo Pangestu, books market cap of IDR 1.43 quadrillion. Based on IDNFinancials’ compiled data today (3/9), this Indeks52 constituent perched...
JAKARTA – Jakarta Stock Price Composite Index (JCI) was seen slipping throughout today’s (3/9) session, contrasting with yesterday’s (2/9) solid trend that brought JCI to the level of 7,700-ish. Monitoring the board this afternoon, JCI stagnated at 7,620.53 nearing the closing bell. The index has indeed slowed down since the opening bell at 9 AM...
JAKARTA - PT Semen Indonesia (Persero) Tbk (SMGR) has allocated capital expenditure (capex) of IDR 2 trillion until the end of 2024. This budget is higher than the average regular capex in the previous year of around IDR 1.3 trillion. In a public presentation via zoo, Friday (30/8), Andriano Hosny Panangian, Director of Finance and...
JAKARTA. Sales of Komatsu heavy equipment recorded by PT United Tractors Tbk (UNTR) up to July (7M) 2024 were recorded at 2,515 units, down 29% compared to 7M 2023 which reached 3,551 units. UNTR management assesses that the decline was caused by low demand for heavy equipment from a number of sectors, from mining to...
JAKARTA – PT Hartadinata Abadi Tbk (HRTA) is aiming for 15 new gold retail outlet his year to boost domination within the retail market in Indonesia. Until 2023, HRTA reported managing 85 stores across the country. According to Sandra Sunanto, CEO of HRTA, this massive retail store expansion is the company’s strategy to raise its...